via Cointelegraph · By Cointelegraph Staff
Bitcoin Realized Profit Loss Ratio Falls to 43-Month Low
BTC/USDT
$8,728,524,729.11
$63,461.99 / $62,436.59
Change: $1,025.40 (1.64%)
+0.0042%
Longs pay
Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, a figure that signals extreme market-wide loss conditions but has historically coincided with market bottoms, blockchain analytics platform CryptoQuant said.
The Bitcoin realized P&L ratio — which measures the net percentage of Bitcoin (BTC) in profit or loss relative to total supply — hasn’t fallen this low since…
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